Solana


Markets

CoinDesk 20 Update: ATOM, ICP and SOL Are In; AAVE, GRT and UNI Are Out

Web 3 is replacing DeFi among the most traded currencies in crypto.

The Solana conference's closing gala in Lisbon's main square. (Zack Seward/CoinDesk archives)

Finance

Three Arrows Leads $4.3M Round for Solana-Based Metaverse Project Solice

Solice is bringing VR to the mix in a bid to compete with Decentraland and The Sandbox.

An image from the Solice metaverse. (Solice)

Markets

Avalanche, Layer 1 Tokens Soared in November as Ethereum Fees Drove Competition

Avalanche saw its AVAX token rise 70% in November and was the month’s best performing layer 1 platform with a market capitalization of $10 billion or greater.

While most layer 1 platforms saw gains over November, Polkadot (DOT), saw a steep loss of 24% (Clark Van Der Beken, UnSplash)

Finance

Grayscale Launches New Trust Dedicated to Solana

The Grayscale Solana Trust is now available to eligible individual and institutional accredited investors.

sonnenshein, grayscale

Finance

Hxro Raises $34M on Promise of Derivatives Trading Infrastructure for Solana

TradFi stalwart Susquehanna International Group and DeFi upstart Jump Crypto co-led the network’s latest token round.

(Scott Olson/Getty Images)

Videos

Steve Aoki and Todd McFarlane on Launching New NFT Marketplace ‘OddKey’

Dim Mak Records founder and DJ Steve Aoki, along with award-winning comic book superhero Spawn creator Todd McFarlane, discuss partnering up to launch Oddkey, a new protocol for buying, selling, and auctioning collectibles on the Solana blockchain.

CoinDesk placeholder image

Finance

Three Arrows Backs Money-Streaming Mean DAO to Boost DeFi Payments on Solana

The $3.5 million funding round included SoftBank and DeFiance Capital.

Mean DAO co-founders Michel Triana and Eydel Rivero Ruiz (Mean DAO)

Tech

How Misinformation on ‘Book Twitter’ Killed a Literary NFT Project

“Realms of Ruin” used the Solana blockchain for a reason. That didn’t stop people from accusing it of ruining the environment.

(Eric Lafforgue/Art In All Of Us/Corbis via Getty Images)

Finance

Cypher Raises $2.1M for Traditional Futures Market on Solana

The protocol wants to become an influential outpost for pre-launch price discovery.

(Tim Boyle/Bloomberg via Getty Images, modified by CoinDesk)

Finance

Solana-Based Sports Betting Protocol BetDEX Closes $21M Seed Funding Round

Crypto exchange FTX and crypto investment firm Paradigm led the raise, which included a number of prominent venture capital firms.

Sports betting is growing rapidly in the U.S.